Why is Blue Dart Expres falling/rising?

As of 12-Sep, Blue Dart Express Ltd's stock price is currently at Rs 5,727.40, reflecting a decrease of Rs 32.6 or 0.57%. The stock has recently underperformed its sector by 0.37% and is close to its 52-week low, being only 4.25% away from Rs 5,484. Over the past week, the stock has seen a slight decline of 0.22%, and it has significantly underperformed the benchmark Sensex, which has gained 1.48% in the same period. The stock's performance has been concerning, with a year-to-date decline of 17.27% and a staggering 29.85% drop over the past year. Despite some positive indicators such as high management efficiency and a strong ability to service debt, the stock's recent negative results and consistent underperformance against benchmarks have contributed to its downward trend.
In the broader market context, the Sensex has shown a positive return of 1.48% over the past week, contrasting sharply with Blue Dart's slight decline. This underperformance is further highlighted by the stock's negative returns over the last three years, where it has consistently lagged behind the benchmark indices. The company's recent financial results have raised concerns, particularly with a significant drop in operating profit margins and a high valuation compared to its peers. These factors, combined with the stock's inability to generate positive returns in the face of a rising market, suggest a challenging environment for Blue Dart Express Ltd, leading to its current price decline.